Hong Kong shares rise 3% as technology shares rise; China’s activity data is disappointing

Fertilizer is the key to restarting the grain business in the Black Sea, says the expert A greater emphasis on fertilizers will help reduce the global cost of food and ensure the extension of the Black Sea agreement, said Michael Vatikiotis, senior consultant with the Center for Humanitarian Dialogue. He explained that 70% of the … Read more

Hong Kong shares rise 3% as technology shares rise; China’s activity data is disappointing

There is tremendous value in some Chinese tech stocks, says Primavera Capital Shares of large Chinese tech companies are currently “just plain depressed” and “cheap,” said Fred Hu, founder and president of Primavera Capital. Hong Kong’s Hang Seng Tech Index has fallen more than 30% since the start of the year, although the index has … Read more

What to expect when TJ Maxx parent reports earnings

Out-of-price reseller TJX Companies (TJX), one of our best-performing stocks since late summer, will report earnings this week Overview We started our position in the parent company of TJ Maxx and Marshalls on August 24th, which proved to be a timely purchase. From the close on August 23 through Friday, TJX shares were up 15.7% … Read more

Because the two-day rally that ends last week is significant

Let’s say you wanted to design a program to lower inflation. Wouldn’t you do exactly what Federal Reserve Chairman Jerome Powell is doing? You would aggressively raise rates and I challenge you to say that he is not doing just that. You would ignore positive numbers like the weak consumer price index printed last week … Read more

The week under review, the week ahead for 11 November: inflation, rally

Markets closed higher for the week after a stellar rally on Thursday that saw Big Tech shares climb on the back of weaker-than-expected consumer price index (CPI) data for October. The S&P 500 closed over 5% for the week, the best week since June. Bond yields and the US dollar fell as investors hoped the … Read more

After this week’s big market rally, here’s a quick update on all 32 stocks in our portfolio

After a historic stock market rally on Thursday, the best single-session gain in more than two years, we wanted to provide members with a quick update on our current thoughts on all 32 stocks held in Jim Cramer’s Charitable Trust, which we use as wallet of our Club. Apple (AAPL): own it, do not trade … Read more

Investors fleeing Big Tech for the old economy, here’s what that means

The largest tech companies in the world, once the beloved ones of Wall Street, have lost roughly $ 3 trillion combined in market capitalization over the past year. Surprisingly, this is after the heavily tech-heavy Nasdaq composite rose more than 7% in Thursday’s biggest market surge in two years on a cooler-than-expected but still high … Read more

Apple, Amazon, Coinbase, Carvana, Intel, Imax

Here are the biggest claims on Friday on Wall Street: Citi reiterates GM as one of the best choices Citi said it sees “growth and resilience” coming into an investor day next week. “We continue to view GM’s Investor Day on November 17 as a potential positive catalyst, as it could provide much needed clarity … Read more

Apple, Tesla, Meta, Alphabet, GM, Walmart, Coinbase

Here are the biggest claims on Thursday on Wall Street: JPMorgan downgrades Roblox to neutral from overweight JPMorgan downgraded the stock following the Roblox earnings report, noting that it now sees “modest” sales growth. “Our previous view on Roblox was that an improvement in the booking rate year-on-year could lead to continued outperformance of the … Read more

The market rally on colder inflation does not mean that the Fed has made a rate hike

Shares rose on Thursday after a weaker-than-expected rise in the consumer price index sent bond yields and the US dollar down in hopes that the Federal Reserve could be less aggressive in their fight against inflation. The Dow Jones Industrial Average was up over 2.5%, the S&P 500 was up over 4%, and the Nasdaq … Read more